UK Says It Won't Try to Block Comcast/Sky
U.K. Secretary of State-Digital, Culture, Media Matt Hancock said Monday his office is leaning toward not intervening in Comcast's proposed buy of Sky. He said the proposed deal doesn't raise public interest concerns enough to justify intervention. He said interested…
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parties have until May 24 to submit written responses and a final decision on possible intervention will follow "shortly." Comcast in April made a formal bid for Sky, while Fox had a pending bid (see 1804250026), and Sky subsequently said it favored the Comcast offer (see 1804260008).